Thomas and Katherine’s children were grown with kids of their own and successful careers – changing the need of the policy. They were going to surrender their policy for the cash value and reallocate premiums into other areas of planning. Through a life settlement, they were able to uncover significantly more value and fund the retirement
of their dreams.
Surrendering policy and interested in receiving more money
Adult children unable to pay premiums to maintain the policy.
Client outlived all planning and premiums were due
The adult children no longer needed to fund the caregiving needs.
Policy was no longer needed for estate planning
Client was able to fund all lifestyle and caregiving needs.
